With the aim of spurring demand for the second-hand jets leasing firm Doric is offering its used Airbus Group SE A380 superjumbos at a 40 percent discount compared to the $2 million-plus monthly rental rate for a new plane. Sibylle… Read More ›
Economy & Finance
Ipsos Mori telephone poll shows 53% Britons opt for Brexit
The “Leave” movement is gaining momentum as the referendum date gets near. According to a telephone poll conducted by Ipsos MORI 53% of British voters are likely to opt to leave the European Union, in a referendum that is due… Read More ›
Kaspersky discovers xDedic, an e-bay like market for cybercriminals
Here criminals can buy attack tools for as little as $6. Attack /Defence tools against government organisation cost only $15. Security experts have stated that there are markets on the darknet which act like eBay in which black hat hackers… Read More ›
Betfair predicts 62% YES vote in Brexit referendum
The keyword here is ‘implied probability’. According to Betfair, betting odds indicate an implied probability that 62% of British citizens will vote to stay within the European Union. According to Betfair, this implied probability fell to nearly 55% yesterday, however… Read More ›
ECB working with Bank of England to increase market liquidity
The ECB is working with the Bank of England to reduce the fallout of a Brexit vote. As per officials with the knowledge of the matter at hand, the European Central Bank along with the Bank of England, would publicly… Read More ›
Tony Seba Predicts Lower Maintenance Costs would Soon Make Electric Cars Cheaper than Regular Cars
Tony Seba, a serial entrepreneur and author believes that cost-effectiveness rather than a green revolution would make all new vehicles being bought to be electric by 2025. Tony Seba opined these views at a Nomura investment forum. The internal combustion… Read More ›
A Big Change in Code and China Results in Bitcoin hitting a 2-Year High
Due to a rule written in the cryptocurrency’s code which could tighten its supply and as it becomes a safe-haven bet amid broader macroeconomic worries, the price of bitcoin has hit its highest level in more than two years. Touching its… Read More ›
RBS Sued for $184 Million over Alleged Conspiracy by UK Businessman
In the latest case to allege misconduct by the bank’s restructuring division, RBS has been alleged to have conspired to push the business into administration to benefit from its sale by the former CEO of a software company who is… Read More ›
Study Finds it would Cost Wal-Mart $4.95 Billion if it Hiked Wages to $15 per hour
According to an estimate by the UC Berkeley Center for Labor Research, if Wal-Mart Stores Inc were to raise the minimum wage for its hourly employees in the United States to $15 per hour from the current $10 per hour,… Read More ›
Lenovo to Challenge Apple, Samsung with its Augmented Reality Smartphone – PHAB2 Pro
With the aim to augment its challenge to Apple and Samsung, the Chinese electronics giant Lenovo is banking on its joint venture with Google to launch a smartphone with augmented reality and a new handset from subsidiary Motorola with a… Read More ›
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